Blue Heron Capital, an operationally focused alternative investment firm, recently completed a $3m Series B investment in Local Voice Media. Based in Williamsburg, VA, Local Voice transforms traditional radio stations into local media companies by driving visitors to their digital platform using the power of radio. Local Voice believes communities will gather around the local media company. The dominant voice in the future of these markets is not the local newspaper, radio or television station, it will be the local media company, delivering local content across a number of platforms.

The funds from Blue Heron will expand Local Voice into four markets throughout the Southeast: Columbia, SC, Virginia Beach, VA, Williamsburg, VA and Wilmington, NC. 'We are happy to continue our support of Local Voice Media as they expand across America. Their disruptive approach to delivering unique local content will benefit consumers who want to feel connected to the communities in which they live,' said Tom Benedetti, Co-Founder of Blue Heron Capital.

'We are looking to change the traditional business of radio. In the same way, Blue Heron is changing the way companies are being funded. They are working as a real partner with us to build something special and sustainable,' added Tom Davis, the CEO of Local Voice.

About Blue Heron Capital

Blue Heron Capital is an operationally focused investment firm based in Richmond, Virginia. We firmly believe people make the difference in building great companies. Therefore, we only invest in companies where we have deep, relevant experience and can play an active role in the oversight of the business. We provide much more than just capital. Our team of dedicated and active LP's includes c- level executives and successful entrepreneurs with decades of experience building and managing vibrant businesses. Blue Heron unlocks this value and allows our portfolio management teams to draw on our experience, leadership, insight and network to accelerate their growth.

To learn more, please visit www.blueheroncap.com.